Treasurer Report

a deep understanding of the disability sector derived from decades long experience working in service delivery and academia. Debbie is a warm, wise woman with impeccable people skills, and will undoubtedly do the organization proud. Debbie currently teaches at MacEwan University in Edmonton.

A Special Thanks

The Skills Society is blessed with a highperformance leadership group, headed by our Executive Director, Ben Weinlick. In addition, our mid-managers, supervisors and front-line staff are second-to-none in your hard work and commitment to the people we support. In addition, we are fortunate to have a skilled and committed administrative support team, without which we could not function. We are proud and grateful to have you all as part of the Skills family.

The Skills Society sees itself as partnering with the family members, friends and allies of the people we support. We are deeply grateful for your contributions of love, knowledge, time, energy and flexibility during the last two challenging years. Thank you one and all!

Hart Chapelle, Board Chair The pandemic has remained the largest challenge to Skills Society. However, I am pleased to say that to date it has not significantly affected our financial position.

The 2021/2022 fiscal year for Skills Society has ended on a positive note. Our prudent management has resulted in a surplus for the year.

Skills Society recorded just over $21.74 million in operating revenue for the current year which was $44,000 less than the original budget. Total operating expenses for the year were $21.65 million, or about $245,000 less than budget.

Skills Society has a small operating surplus of just over $94,000 in the current year, compared to a surplus of just over $268,000 reported in 2021. Including amortization, Casino and unrealized ATB Investment Income, Skills recorded a surplus of just over $115,000 in the current year compared to just over $229,000 in the prior year.

Looking to the 2022/2023 year, Skills Society is budgeting an operating deficit of $72,000. Inflation and administrative costs can no longer be absorbed by the agency. Skills has also not received an increase to direct wage funding in 8 years.

All government contracts are now in the last year of three year terms. Management will be requesting an increase in government funding to address the cost pressures we face.

Rochelle Mitchell, CPA, CA Treasurer